Bybit Offers 5% APR on USDe Holdings

Bybit is currently offering a 5% APR on USDe holdings. Users can earn daily rewards without the need for additional staking or locking, while maintaining the ability to trade the asset. USDe is a decentralized stablecoin issued by Ethena, pegged 1:1 to the US dollar, which utilizes a Delta-neutral strategy through crypto-asset collateral and derivative hedging. Bybit also provides a Mint & Redeem service for users to manage their USDe positions.